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About This Home

This 4-bedroom, 2-bathroom single family at 6516 NE 23RD Ave in Portland, OR is listed for $695,000 ($294 per sqft). Built in 1942, the home offers 2,360 sqft of living space on a 0.12 acres lot.

Agent Description

Check out this light-filled mid-century Cape Cod in the heart of Concordia - an ideal setup for anyone who wants a cute, comfortable home - and add to that a fully private, detached ADU that brings in real monthly income. The ideal house for style, income, and space.The main home offers 4 bedrooms and 2 baths with a smart layout that lives bigger t

han expected, anchored by a bright main level with an open pass-through connecting the kitchen and living room. The dining and living room flow together for easy everyday living and entertaining. Downstairs, the finished basement features two bedrooms, both with egress windows, a large bathroom, and a dedicated utility room plus great storage.

The large fourth bedroom also works beautifully as a family room, media space, or entertainment room. The home has many updated items, a newer roof and furnace! Outside, tucked off the paved alley sits the detached ADU, built in 2020, with true separation for privacy, giving you a fully detached living space with its own access.

The ADU sits above a workshop/garage that is fully insulated for climate comfort and noise reduction, and has its own mini-split and a plethora of outlets, a creatives dream studio. Upstairs in the ADU is a unique vaulted living space with a lofted bedroom, open beams, large bathroom with full size laundry, huge kitchen area, and an amazing south-facing deck that spans the length of the home and brings in sunshine and fresh air.

The ADU currently rents for $1,800 per month, helping offset ownership costs and making the primary residence far more affordable. This could offset the primary home to be like buying a residence for under $350,000!!! A rare chance to cut your monthly payment dramatically while owning an exceptional property.Close to the U of O Concordia campus,, Tamale Boy, and the shops and restaurants around NE 18th and Dekum, Kennedy school, and everything Northeast Portland has to offer nearby. [Home Energy Score = 4. HES Report

Key Features

  • Built in 1942
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
2 full
1942

Monthly Cost Estimate

$3,717/mo

20% down · 6.5% · 30 years

Principal$503
Interest$3,012
Insurance$203

Estimates only. Actual payments may vary.

Location

6516 NE 23RD Ave

Portland, OR 97211

Features & Amenities

Interior Features

HardwoodFloorsLaundryWasherDryerWoodFloors

Exterior Features

AccessoryDwellingUnit

Property Details

Heating

Forced Air

Appliances

FreeStandingRangeFreeStandingRefrigerator

Questions & Answers

This 4-bedroom, 2-bathroom single family at 6516 NE 23RD Ave is listed at $695,000 ($294/sqft). The estimated monthly payment is $3,012 based on 20% down at 6.5% interest.

Key features include: Built in 1942, 0.12 acre lot, 2 stories. Interior Features: HardwoodFloors, Laundry, WasherDryer. Exterior Features: AccessoryDwellingUnit.

This property is listed by Matt Guy and can be reached at 5039398097 or matt@livingroomre.com.

MG

Matt Guy

Agent at Living Room Realty

(503) 939-8097

Listed by Living Room Realty · View on Broker Site

MLS# 175220278· Source: listhub· Updated 31 days ago

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6516 NE 23RD Ave, Portland, OR 97211

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